Confused by this statement in the new release from DCOP 

"The disposition of the Eaglehead Property for gross proceeds of $1,412,000 (of which $212,000 is a reimbursement of a reclamation bond posted by District Copper) will provide District Copper with immediate available cash for the further development of the Stoney Lake Property in 2020."

"Under the terms of the agreement, the Purchaser has paid a non-refundable deposit of $50,000 on signing.  An additional $150,000 will be paid at Closing and the balance of the purchase price in the amount of $1,000,000 will be payable in three annual installments of $340,000, $330,000 and $330,000 respectively on each anniversary following Closing."

There was no closing date for this transaction and the initial payment being $100,000. (+  $50,000 deposit).

What delvelopment can they (DCOP) accomplish with these types of funds?  and are they expecting more sooner. Northern Fox can accelerate the additional $1M in payments at any point.

And where are we getting the cash to do any of this?